🚨The Prasol Chemicals IPO is open for bidding from Sept 8 to Sept 10, 2026. Here is everything you need to know about the ₹500 crore issue packed into a quick thread! 🧪📊 #PrasolChemicals#IPO#StockMarket
I am not applying as of now🟡; I will wait for the final subscription data🟡
Key Issue Details:
Price Band: ₹643 – ₹676 per share
Issue Size: ₹500 Crores (Fresh Issue: ₹80 Cr | OFS: ₹420 Cr)
Lot Size: 22 shares (Min investment: ₹14,872 at the upper band)
Use of Proceeds: ₹60 crores earmarked for debt repayment.
Prasol Chemicals is a prominent specialty chemical player manufacturing over 150 products (acetone and phosphorus-based). Their products cater to 5 key sectors—Agro, Pharma, Performance Chemicals, Home/Personal Care, and PICA—with exports spanning 69 countries.
The company has exhibited strong top-line growth and surging profitability:
FY24 (Consolidated) Revenue: ₹876.57 Cr | PAT: ₹18.13 Cr
FY25 (Consolidated) Revenue: ₹1,012.49 Cr | PAT: ₹43.57 Cr
FY26 (Standalone) Revenue: ₹1,232.59 Cr | PAT: ₹83.12 Cr
How does Prasol stack up against listed specialty chemical peers?
Aarti Industries: P/E ~46.79x
Atul Limited: P/E ~28.04x
Laxmi Organic Industries: P/E ~59.95x
Vinati Organics: P/E ~30.95x
Heavy reliance on manufacturing units located in Khopoli and Mahad, Maharashtra.
Past regulatory/environmental scrutiny by the MPCB.
High sensitivity to global raw material price swings (acetone and yellow phosphorus).
🏗️ Pranav Constructions Ltd (PCPL) IPO 🧵
Mumbai-focused pure-play redeveloper PCPL is hitting the street with a fresh issue of ₹315.60 Cr and an OFS at a price band anchored at ₹124/share.
The company raised ₹84.25 Cr from anchors. Goldman Sachs headlined the book, taking a massive 29.67% stake (~₹25 Cr). Strong institutional backing also came from The Asio Fund (8.9%) and Saint Capital (8.6%).
2 domestic mutual funds (ITI & Taurus) deployed across 7 schemes bagged 29.08% of the anchor allocation (~₹24.5 Cr). Zero participation from insurance/pensions, which was absorbed by other institutional bidders.
Solid top- and bottom-line trajectory!
Revenue: ₹7,615.96 Mn in FY26
PAT: Scaled to ₹713.24 Mn in FY26
EBITDA Margin: Expanded to 17.18% in FY26 🚀
99.7% revenue tied strictly to the MCGM (Mumbai) region. Vulnerable to tenant displacement compensation outlays and construction bottlenecks. Operating cash flows remain negative due to upfront redevelopment outlays.
A play on Mumbai’s massive urban redevelopment wave backed by marquee global names like Goldman Sachs. However, execution risks and high regional dependency require close monitoring.
I am applying✅
🚨Glass Wall Systems 🚨 IPO in its 2nd day
Company to raise up to ₹60.00 crores in fresh capital, alongside a massive offer for sale (OFS) of ₹367.89 crores.
Valuation & P/E Ratio: At the upper price band of ₹182, the company commands a post-issue market capitalization of around ₹1,600.42 crores. Based on FY26 earnings, the pre-issue P/E ratio is roughly 18.38x (EPS of ₹9.90), while the post-issue P/E ratio stands at approximately 19.10x (EPS of ₹9.53).
Financial Scaling: Revenue from operations grew to ₹456.97 crores and net profit expanded to ₹83.79 crores in FY26.
Institutional & Foreign Backing: The anchor book raised ₹128.37 crores, driven heavily by trusted domestic names like HDFC Mutual Fund and Kotak Life. While foreign participation was minimal, the strong domestic institutional backing easily covers quality validation.
Key Risks & Tax Proceedings: Major risks include high client concentration (top 10 clients drive over 86% of revenue) and pending legal/tax proceedings, which feature contingent liabilities of ₹33.41 crores (including ₹31.21 crores tied to historical Maharashtra VAT demands)
I am applying✅
#IPO #TRADING #NIFTY #NSE
🚨 BREAKING: D-STREET INVESTORS AMBUSHED by a TSUNAMI of 10 IPOs TODAY — they’re SNATCHING a jaw-dropping ₹7,288 CRORE RIGHT NOW! SIX brand-new offerings EXPLODE open this morning, THREE hit Day-2, and Pranav Constructions slams the door on its FINAL bidding day — miss this feeding frenzy and you’ll REGRET IT FOREVER!
#Nifty #IPO #Trading
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